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Mandating Full Transparency and Audits of US Gold Reserves.

This law requires the first independent audit of all United States gold reserves in decades, ensuring public accountability regarding national assets. Citizens will gain full transparency on the quantity, purity, and all transactions involving gold over the past 50 years. Furthermore, the gold must be upgraded to meet current global market standards.
Key points
Independent Audit: A full, independent audit of all US gold reserves must be completed within 9 months and repeated every 5 years.
Full Disclosure: Audit reports, including details on leases, swaps, and transactions over the last 50 years, will be made publicly available online without significant redactions.
Quality Upgrade: Within 5 years, the gold reserves must be refined to meet current international market standards for purity and weight (good delivery standards).
article Official text account_balance Process page
Introduced
Citizen Poll
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Additional Information
Print number: 119_S_3218
Sponsor: Sen. Lee, Mike [R-UT]
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Summarized by: gemini-2.5-flash-preview-09-2025
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Gold Reserve Transparency Act of 2025

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_3218.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

What are the main provisions?

Key points include:

  • Independent Audit: A full, independent audit of all US gold reserves must be completed within 9 months and repeated every 5 years.
  • Full Disclosure: Audit reports, including details on leases, swaps, and transactions over the last 50 years, will be made publicly available online without significant redactions.
  • Quality Upgrade: Within 5 years, the gold reserves must be refined to meet current international market standards for purity and weight (good delivery standards).
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Lee, Mike [R-UT].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

CATEGORIES

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